Bank of Sierra, with a location in the Santa Clarita Valley, announced Matthew Macia as its new executive vice president and chief risk officer.
Macia is the first chief risk officer in the bank’s history and will be responsible for its risk management program, bank officials announced.
The new executive vice president will monitor and assess potential risk and create solutions to manage and report it, with the cooperation of several of the bank’s departments. He will become the Bank of Sierra’s fifth executive officer and join its senior management team.
“We’re incredibly excited to add Matthew to the Bank of the Sierra family,” Kevin McPhail, the bank’s president and chief executive officer, said in a statement. “Our continued growth over the past 40-plus years has made a chief risk officer position vital to our business, and someone with his considerable knowledge is a perfect fit for our bank.”
Bank of Sierra’s SCV branch is located at 26328 Citrus St.